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For sale
  • $260,000

    516 NW Syrcle Dr, Pensacola, FL 32507

    4beds
    680sqft
    : 
    MultiFamily
    Built in 1945
    -- sqft lot
    $-- Zestimate®
    $382/sqft
    $-- HOA

    What's special

    Fully furnished cottagesRaised wooden deckShaded oak treePeaceful garden oasisScenic water viewsOutdoor garden showerLush garden setting
    Nestled in a lush garden setting just two blocks from the water, this property offers an incredible investment opportunity in the charming, walkable Navy Point neighborhood. Comprising three fully furnished cottages, this established money-making property generates significant rental income, making it perfect for savvy investors looking to expand their portfolio. These three rental units are each equipped with kitchen areas and fully furnished, making them Airbnb-ready and highly desirable. With a prime location close to a public boat launch, scenic water views, and a 3-mile walking and biking path, it's no wonder guests are drawn to this tranquil retreat. In fact, this property generated significant rental revenue for 2024! The peaceful garden oasis, complete with a shaded oak tree, provides a serene outdoor space where guests can unwind under the cool shade or on the raised wooden deck of the main house. A refreshing outdoor garden shower is also available, ideal for rinsing off after a day spent boating or enjoying the nearby beach. Additional perks include a new shed offering ample storage space for guests, ensuring convenience and comfort during their stay. Situated just minutes from the front gate of NAS Pensacola and a short drive to downtown, this property offers easy access to both military personnel and tourists alike. Whether you're looking for a high-performing income property or a charming retreat in a walking community with proximity to water, this is the perfect opportunity for you!
    17 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: April 21, 2025 at 11:23am

    Listed by:

    Joshua Ward 850-377-6866,

    KELLER WILLIAMS REALTY GULF COAST,

    Rebekah Ward 850-501-1099,

    KELLER WILLIAMS REALTY GULF COAST

    Source: PAR,MLS#: 662220MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 516 NW Syrcle Dr.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Wall/Window Unit(s)
    Cooling
    • Ceiling Fan(s), Multi Units, Central Air
    Appliances
    • Included: Electric Water Heater, Refrigerator
    Features
    • Flooring: Hardwood
    • Windows: Double Pane Windows
    • Has basement: No
    Interior area
    • Total structure area: 680
    • Total interior livable area: 680 sqft

    Property

    Parking
    • Parking features: Front Entrance, Guest
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    • Pool features: None
    • Fencing: Back Yard
    • Waterfront features: None
    Lot
    • Features: Central Access
    Details
    • Parcel number: 502s306090063004
    • Zoning description: Res Multi

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Off Grade, Slab
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Electric: Circuit Breakers, Copper Wiring
    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Features: Dock, Picnic Area
    • Subdivision: Navy Point
    Location
    • Region: Pensacola

    Financial & listing details

    • Price per square foot: $382/sqft
    • Price range: $260K - $260K
    • Date on market: 4/9/2025
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